Cover for cash on travel insurance

If you have cash lost or stolen on your holiday or trip, how much cover will your travel insurance offer? Find out more and get tips for keeping your money secure.

Key points

The amount of cover for cash is likely to be limited and you need to factor in the excess you're liable for

Payout limits will be per person, with lower limits typically applied to kids

Exclusions may apply, so look after your money and ensure a loss or theft is reported properly

Despite the ever-growing popularity of using cards and other cash-less options for paying on holidays, hard currency remains a staple of travel packing.

It is, of course, always worth thinking about having cash available for emergencies, as a back-up to cards and if you're travelling through areas where the political or financial situation may be uncertain.

Indeed, depending on your destination it may be pretty much the only payment option.

But will your travel insurance offer protection for your cash if it gets lost or stolen?

How travel insurers deal with cash

The majority of travel insurance policies provide cover for the accidental loss of, theft of, or damage to personal money and documents (such as a driving licence).

However, insurers generally cap the amount they will pay out for cash at between £200 and £300.